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BBCNEWS World Business Report June 4, 2024 05:55:00

the us central bank is where most attention will be for the next 48 hours, with trading tentative ahead of any decision they make on interest rates. i will see you soon. hello, there. most of us had a fine day on monday, with plenty of sunshine around. it was arguably one of the best days, weather wise, we ll see this week, with the sunshine and relatively mild air. it did tend to cloud over in the west later in the day, and that cloud is all associated with an area of low pressure that s up near iceland in the north atlantic. look at this weather front, wrapped round and round and round the centre of the deep low, kind of like water going down a plughole. now, this low is going to influence our weather because the weather fronts associated with that low, even though it s over 1,000 miles away are those fronts are actually dangling across the uk, a warm front followed by a cold front. so we ve got a bit of rain from that feature. here comes the cold front southwards over the next few h

BBCNEWS World Business Report June 4, 2024 05:49:00

economic benefit. so, if you look at places economic benefit. so, if you look at places like economic benefit. so, if you| look at places like teesside, the humber, merseyside, derbyshire, yorkshire, parts of the country that have traditionally had large industries, but those have declined. we are seeing a new industries take their place. offshore wind. the uk has been incredibly successful at building an offshore wind industry. we are starting to build more electric cars. the figures show that our manufacturing of electric cars is up. but, also, interestingly other sectors that you might not necessarily think of. so, farming. agri tech, new technologies in farming to help farmers reduce emissions and farmers reduce emissions and far more productively a swell, so there are a whole range of different sectors where the net zero economy can play a role in growth, and importantly, i think, as you mentioned, this is a really productive part of the economy. each net zero job

BBCNEWS BBC News at Ten June 4, 2024 22:22:00

there was an initial dip in the amount exported to the eu, according to official statistics. that recovered as teething problems were resolved. the same is broadly true of imports from the bloc, although the checks and paperwork may have added to some prices. but the variety of goods has shrunk. red tape may have overwhelmed some smaller businesses. and what about the new trade deals britain is now free to make? 71 have been struck so far, but mostjust copy what britain had when it was in the eu. then there s the tariff free deal we agreed with the eu itself. we ve new trade deals with australia and new zealand, but the impact is likely to be very small. together, the government s own analysis suggests may add about 0.1% to the uk s income, and that ll take a decade. some uk farmers actually

BBCNEWS BBC News at Ten June 4, 2024 22:00:00

tonight at 10:00, firefighters across the uk have voted to strike over pay for the first time in 20 years. there are no dates announced yet. the union wants talks with employers, but an overwhelming majority of members voted for action. while they love theirjob, they are proud of serving their communities, they ve also got to pay the bills and they are increasingly struggling to do that. we have got firefighters being sent to food banks. and on wednesday, hundreds of thousands of teachers, railway workers and civil servants will be taking action in the biggest wave of strikes for years. also tonight. visiting a hospital in darlington, rishi sunak announces more beds and more ambulances to tackle long nhs delays in england.

BBCNEWS BBC News at Ten June 4, 2024 22:23:00

fear they ll lose out. others, with india and the gulf states, for example, which remain under discussion, may also have a small impact, although they re growing in importance. however, without deals with the biggest players the us, which accounts for a sixth of our trade, and china we re unlikely to see brexit leading to a major boost to the amount we sell abroad any time soon. everyone traded less during the pandemic, but other rich nations trade has bounced back more quickly than the uk s. so, for now at least, global trade has become a smaller part of our economy. then there s investment this is where it could be if it had continued growing at the same rate as before the referendum, according to academics at kings college, london. but in reality, it s stalled. some economists, such as those at the international monetary fund,

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